The company's lack of sustainability is becoming obvious, even to the blindest of shareholders. Now it's up to each shareholder to assess for themselves how they think any further money will be spent.
I reckon a capital raise followed by the removal of one or two directors "to save costs" sounds like a sensible strategy. Of course it will cost the company more than $1 million to do so.
Time increase holding, page-29
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Last
32.5¢ |
Change
-0.035(9.72%) |
Mkt cap ! $15.73M | |||
| Open | High | Low | Value | Volume |
| 33.0¢ | 33.0¢ | 32.0¢ | $12.54K | 38.03K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1666 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 36.5¢ | 100 | 1 |
View Market Depth
| Last trade - 15.52pm 10/09/2024 (20 minute delay) ? |
| RGT (ASX) Chart |